Nomad

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UK: Nomad Foods builds frozen food portfolio with Findus acquisition

August 20, 2015

Nomad Foods, the recently-established firm seeking to build a global consumer brands business through acquisitions, has beefed up its frozen food interests with the purchase of the Findus business in Europe from LionGem of Sweden. Nomad Foods completed its “anchor investment” – the acquisition of leading frozen foods business Iglo – in June 2015, stating that “we intend to continue supporting Iglo’s organic growth initiatives as well as pursue strategic acquisitions …

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UK: Iglo Group to be sold to Nomad Foods

April 27, 2015

Europe, Food

Iglo Group, the company behind the Birds Eye brand, is to be sold by private equity house Permira to Nomad Foods for £1.9 billion ($2.88 billion). Permira has reportedly previously struggled to sell the company it bought from consumer goods giant Unilever for €1.76 billion ($1.91 billion) in 2006. US firm Nomad Holdings, which will now change its name to Nomad Foods, was created last August by entrepeneurs Martin E …

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